Golkunda Diamonds & Jewellery Ltd. receives a BBB- /Stable rating for bank facilities

Golkunda Diamonds & Jewellery Ltd announced that Infomerics Valuation and Rating Ltd., a credit rating agency, has rated the company’s bank facilities as follows: Long term Bank Facilities at Rs. 47.00 crores with a rating of IVR BBB- /Stable, and Short term Bank Facilities at Rs. 2.00 crores with a rating of IVR A3; the total rated amount is Rs. 49.00 crores (Forty-Nine crores only), with no enhancements, assignments, or withdrawals reported by the rating agency.